Feb 10 • 09:01 UTC 🇫🇷 France Le Figaro

An "imbalance between supply and demand": the potato in crisis in Europe

European potato producers are facing a crisis due to overproduction and falling prices, leading to protests and calls for action.

The European potato industry is currently experiencing a significant crisis characterized by an imbalance between supply and demand, resulting in plunging prices for farmers. This situation has emerged following several successful harvests, leading to a surplus that has severely impacted the profitability of producers. Farmers in France and Belgium have voiced their frustrations through protests, highlighting their dire circumstances where it is cheaper to distribute potatoes for free than to store them due to the plummeting market prices.

In France, an eye-catching demonstration took place on the Pont de la Concorde, where 20 tons of potatoes were dumped in front of the National Assembly as a symbolic act of anger by producers like Denis Lavenant from Yvelines. This action aimed to bring attention to their struggles as costs of production rise while market prices fall. Farmers are feeling the pressure, suggesting that they are being forced into desperate measures as the economic situation deteriorates.

The issues are compounded by the European Union's trade agreements, which have been criticized for disrupting local markets. In Belgium, farmers took to the highways to distribute potato pamphlets and advocacy materials aimed at both raising awareness and protesting the current pricing crisis. The farmers argue that without immediate intervention, the future of the potato market in Europe could be in jeopardy, although it is noted that the agricultural sector itself is not at risk in the long term.

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